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Indonesia Remains Strong amid Closure of Three US banks: Central Bank

Indonesia Remains Strong amid Closure of Three US banks: Central Bank

The results of stress tests conducted by central bank show that the banking conditions in Indonesia are resilient.
Business
Indonesia Inflation May Plunge to 1.5%-3.5% in 2024: Central Bank

Indonesia Inflation May Plunge to 1.5%-3.5% in 2024: Central Bank

"This estimate is supported by close synergy between the government and the central bank," said Bank Indonesia (BI) Governor Perry Warjiyo.
Business
Indonesia Raises Rates for First Time since 2018

Indonesia Raises Rates for First Time since 2018

Bank Indonesia raised the policy rate to 3.75 from 3.5 percent.
News
Indonesia Highlights: Indonesia to Build New 700-Hectare Seaport in Ambon This Year, Says Jokowi | ATM Transactions Drop by 5 Percent amid Pandemic: Bank Indonesia | 16 Million Doses of Covid-19 Bulk

Indonesia Highlights: Indonesia to Build New 700-Hectare Seaport in Ambon This Year, Says Jokowi | ATM Transactions Drop by 5 Percent amid Pandemic: Bank Indonesia | 16 Million Doses of Covid-19 Bulk

President Joko Widodo said that a new port in eastern Indonesia will be developed in Ambon city, Maluku province this year.
Business
Indonesia’s Trade Balance Surplus Maintains Economic Resilience, Says Central Bank

Indonesia’s Trade Balance Surplus Maintains Economic Resilience, Says Central Bank

In January 2021 the non-oil and gas trade balance surplus stood at $2.63 billion, or up 2.73 percent from $2.56 billion in December 2020.
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